12 U.S.C. § 83
Title 12
Chapter 2
Current through PL 116-220
~1 min read
Last updated: March 30, 2026
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§ 83. Loans by bank on its own stock
- (a) No national bank shall make any loan or discount on the security of the shares of its own capital stock.
- (b) For purposes of this section, a national bank shall not be deemed to be making a loan or discount on the security of the shares of its own capital stock if it acquires the stock to prevent loss upon a debt previously contracted for in good faith.
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